Refunding Bonds

Tex. Special District Local Laws Code § 1076.206, under Chapter 1076.

Tex. Special District Local Laws Code § 1076.206

Sec. 1076.206. REFUNDING BONDS. (a) The board may issue refunding bonds to refund any outstanding indebtedness issued or assumed by the district. (b) A refunding bond may be sold, with the proceeds of the refunding bond applied to the payment of outstanding indebtedness. Added by Acts 2013, 83rd Leg., R.S., Ch. 112 (S.B. 1026), Sec. 1.01, eff. April 1, 2015.